SQ is down 4% pre-market because of Raymond James’ downgrade - the ‘efficient’ market in action.
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Raymond James is busy today. AYX ‘downgraded’ today as well.
—cliff
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I own full/oversize positions on both of these. Bert at Ticker Target addresses both of these downgrades. I don’t wish to give away Bert’s opinion for free, so I won’t other than to recommend his service. Probably the best $$ I’ve ever spent.
P.S. I’m not making any changes.
-Bob
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I’ve read the presser. There’s nothing in the reasoning that we didn’t know two months ago. I wonder whether it’s a stunt for the institution to buy SQ on the cheap before the next earnings report comes out.
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I really need to stop being cheap and subscribe to Bert’s service.
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You really do. You’re missing out on gems like this…
Zesty, as the name implies, provides what its thinks are healthy meals for offices and business. It provides meal service on a regular basis to its clients, delivered by catering captains. I have no idea if this can be a high growth business…and if anyone of the subscribers is worried, I have no present intention of having a healthy meal, regardless of whether or not it is catered by Zesty. I will leave it to Square’s founder to enjoy a healthy diet-but I am thinking of a plate of Chicken Contadina as I write this.
I really need to stop being cheap and subscribe to Bert’s service.
You are being cheap 
Seriously, the 5-minute volatility in my portfolio (measured in USD) is quite often bigger than the yearly newsletter subscription fee. And my portfolio is really not that large. Just saying.
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Bert’s take on SQ wasn’t totally warm and fuzzy
Bert’s take on SQ wasn’t totally warm and fuzzy
Was that typo Rizzz?
It was definitely favorable and I did not pick up any negativity whatsoever…
Matt
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While Bert certainly, as he should, acknowledged the vulnerabilities that in are to be found in any stock, including run up and performance of acquisitions and new offerings, his summary statements, to me summarize mindset and final analysis.
“I think the analyst in question is quite off base in his prognostications.”
“I think there is a whole lot of miss-analysis going on here.”
For me, those types of statements indicate that in his considerable opinion, the analyst is off base. Therefore, evaluate as always, but don’t let this analyst opinion in itself derail your investment.
Just my opinion… Bob
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It was definitely favorable and I did not pick up any negativity whatsoever…
I agree,
Saul
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Appreciate if someone can provide me a link to the website for Bert’s services. I have not heard of it before, but would greatly appreciate it so I can read/learn about it.
Recently started reading this board, I have a ton to learn, excited to read and learn here.
I don’t mean to be a bother, could anyone direct me to what are Saul’s “must read” threads (i.e. basics/fundamentals for his investing style or weekly/monthly updates)?
Thank you.
Here’s to success!
My opinion of the recent downgrade of SQ:
- I don’t agree with it much - overall it has some risk added if the bank charter gets approved, but Square is unlike most other businesses given they have a strong read on their merchants via data/AI
- Bank charter is going to raise margins as they cut out the middle man with Square Capital; though I am nervous about the loans given to potential customers who want to buy from Square sellers.
- In my opinion, Square is a stealth SAAS play - the services/subs part of their business is growing very rapidly, and eventually could be looked at in a way that Azure/MSFT or AWS/AMZN are looked at with their businesses (not saying it’ll be that big, but that my YOY% growth)
- Square seems like they have a new product out every quarter - how many other companies with a $27 billion market cap have that?
- Sure downgrade Square; I don’t think Dorsey will sell this, but perhaps shareholders or he have a price - this is a prime takeover target for a big bank (BAC all about tech, JPM interested in FinTech), or credit card company (Visa with prior investment or AMEX who needs help).
I’m a Square holder, and although it’s challenging to hold during the big down days/recent dips, I’m still optimistic on the future.
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Appreciate if someone can provide me a link to the website for Bert’s services.
I don’t mean to be a bother, could anyone direct me to what are Saul’s “must read” threads (i.e. basics/fundamentals for his investing style or weekly/monthly updates)?
Hey theanimal23,
Please read everything to the right of this message under announcements ------------------------------------->
Especially read the Knowledge Base posts I, II, III, at the very least a few times. They are a literal treasure trove of wonderful information. Also, all the linked newer posts like “why this time it is different”, “why my investing criteria have changed” and so forth.
All of Sauls monthly updates are found there as well.
https://www.tickertarget.com/articles/
(link to Bert’s website)
Welcome to the boards.
Best,
Matt
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